John Orfield

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  • CBRE Leads Record Sale of OC Community

    The brokerage firm arranged the sale of a 21-unit community in Santa Ana, Calif., at one of the highest price-per-square foot values for in the city. The buyer, NNC Apartment Ventures, plans to renovate the property, which was built in 1987.

    30 May 2017 17:15
  • Museum BLVD’s Final Look

    Reflecting the design of nearby museums, the mid-rise Houston development will flaunt a building envelope composed of stucco featuring a façade with ceramic tile pattern. First-floor condos will offer expanded outdoor living spaces with artistic railings created from laser-cut metal.

    03 May 2017 11:49
  • Beachwold Secures $54M for 2 Tampa Bay Properties

    The communities, located in Bradenton and St. Petersburg in Florida, received two separate 10-year, fixed-rate loans with Goldman Sachs.

    23 May 2017 16:19
  • Affordable Housing Portfolio Secures $142M in Financing

    Harmony Housing tapped KeyBank Real Estate Capital to provide loans to six of its properties, located in Texas, Michigan, Wisconsin and Florida. Each property reserves half of the units for residents making 60 percent of the area median income.

    18 July 2017 14:23
  • JV Secures $155M for Miami Condos

    Terra, New Valley, Great Eagle Holdings and Bizzi & Partners secured the construction financing for Eighty Seven Park, a 66-unit tower featuring luxury amenities such as a butler service, juice bar and full-time botanist.

    06 September 2017 15:25
  • Attacking the Hack: How to Keep Resident Data Safe

    Cybersecurity breaches are an ever-growing concern, as almost every month seems to bring news of a major incident. In the multifamily industry, the issue came to the forefront three years ago when Essex Property Trust announced a major intrusion.

    11 September 2017 13:12
  • Houston-Area Communities Land $87M in Financing

    Two Houston-area multifamily assets, with a total of 1553 units, received $87 million in financing. Combining first mortgage and mezzanine loans, both projects feature floating-rate, interest-only and non-recourse loans.

    16 October 2017 13:35
  • Taurus Snags $56M MA Property

    The investment firm acquired Wellington Parkside from SMC Management. The Everett community was built in 2015 and includes 190 units.

    19 April 2017 15:31
  • Dougherty Closes Cleveland Portfolio Loan

    The Fannie Mae loan will refinance six market-rate properties, totaling 238 units. Dougherty’s Minneapolis office arranged the financing for borrower Central Real Estate Holding.

    04 October 2017 13:32
  • Renters Are Choosing the Suburbs in Greater Numbers than Cities; Atlanta Metro in the Lead

    Greater Atlanta leads the nation with a 26 percent increase in renter-occupied households in its suburban markets versus only 10 percent in its urban areas.

    19 June 2017 20:35